Forrester Boyd News

Alan Nesbitt, partner at leading regional accountancy firm Forrester Boyd is delighted to have been invited to assist in judging this year’s East Lindsey Business Awards. “As a large local accountancy practice we work with many clients in the region and so I am privileged to be part of marking their…


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The first quarterly VAT returns required to be submitted under MTD are for the period to 30 June 2019, and the filing deadline is 7 August. However, as this is the first MTD return for businesses who have not taken part in the MTD pilot there are two alternative deadlines to be aware of. Monday 29 J…


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Moving Budget dates, Autumn statements and the tendency to announce changes at least a year in advance mean that it can be hard to keep up with what is happening and when. As a case in point the government has just published a Finance Bill to implement the changes outlined in the 2018 budget. There …


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The Government plan to introduce the reformed Off-Payroll (IR35) working rules in the private sector in April 2020 and have issued a policy paper detailing the rules. If you are a large or medium size business that relies on freelancers or contractors, then you will be responsible for determining th…


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For VAT returns (period ending June 30th) you have until 7th August to submit your return. If your taxable turnover is above £85,000, you will need to ensure you have properly registered for MTD, ensured your bookkeeping records are prepared in a compliant fashion and that your return can be submitt…


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More and more commonly, those annoying emails requesting our personal details keep finding their way into our inbox. This is called phishing. Email scams are now alarmingly sophisticated, personalised and as a result, much more dangerous. Hackers are taking the time to craft messages tailored to a s…


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In the past year HMRC has collected £42m additional tax from landlords who have failed to pay their tax on rental income. This figure is double the previous year’s figure of £21m. The message is clear: if you have a buy-to-let property make sure you declare the income. If you don’t, and you get caug…


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The government announced in the Spring Statement their intent to pursue legislation to shift responsibility for paying VAT along the supply chain with the introduction of a domestic VAT reverse charge for supplies of construction services with effect from 1 October 2019. Currently, large amounts of…


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The Institute of Directors (IoD) lunch during Humber Business Week has led to a donation of £845 being made to Viking FM’s Cash for Kids. The launch day of Humber Business Week is the regular slot for the regional IoD lunch which this year saw the KCOM stadium filled with business leaders from acros…


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